Risk control and derivative pricing have become of major concern to financial institutions, and there is a real need for adequate statistical tools to measure a

Risk control and derivative pricing have become of major concern to financial institutions, and there is a real need for adequate statistical tools to measure a

This book is a collection of original papers by Robert Jarrow that contributed to significant advances in financial economics. Divided into three parts, Part I

This second edition - completely up to date with new exercises - provides a comprehensive and self-contained treatment of the probabilistic theory behind the ri

The proliferation of financial derivatives over the past decades, options in particular, has underscored the increasing importance of derivative pricing literac